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Mypharm to open first pharmacy chain in U.S.
Mypharm, a local pharmaceutical firm, said Wednesday it will open its first pharmacy chain ‘MYpharmacy.us’ in the U.S. under an agreement with Lumen, an U.S. branch.
The U.S. pharmacy chain, which will be set up in...
Law banning oriental doctor’s medical practices deemed constitutional
The nation’s highest court ruled last Thursday that the current Medical Law, which bans oriental medical doctors from practicing medical treatment using sonograms in diagnois, is indeed constitutional.
The Constitu...
Allergan Korea pressed to cancel wholesaler margin-lowering plan
Allergan Korea is drawing protest from local drug wholesalers for its notice to lower the wholesaler margin profits, threating to boycott all of the company’s products.
But the company decided to reduce the margin ...
Korea urged to cut the number of drug makers by one tenth
Although the country’s pharmaceutical sector has been overshadowed by such export powerhouses as the giant electronics or auto industries, Korea actually has a fairly large pharmaceutical market.
Korea ranks among...
Crestor still challenges Lipitor
The growing patient population and the increasing demand for cholesterol reducing "statins," has successfully sustained the appeal of this maturing market over the past several years. The marketing excellence, and the...
Selective treatment system is in dispute
Disputes are arising between doctors and hospitals over the latter’s selective treatment system.
While Korean Medical Association (KMA), the nation's largest group of doctors, claims that the current selective trea...
Trast, Ginexin are top 5 brands
SK Chemicals’ Trast patch and Ginexin tablets (circulatory enhancer) were selected as one of Korea’s most valuable top five brands, according to a local brand appraisal agency Brand Stock.
The agency’s BSTI (Brand ...
Multinational drug firms eyeing Korean OTC market
Korean government’s recent measures to re-categorize drugs has prompted foreign drug makers to renew their efforts to expand into the country’s over the counter (OTC) drug market.
Experts point out that Japanese OT...
Zantac don’t require doctor’s prescription
GlaxoSmithKline’s Zantac (ranitidine 75 mg) tablets, which were sold by prescription only, has been available over the counter starting March 1.
Launched in 1982 here, Zantac is a histamine H2-receptor antagonist t...
Kim Won-bae named to head Dong-A ST
Dong-A ST, a subsidiary of Dong-A Socio Holdings, said Monday it has appointed as its vice chairman, the former CEO of Dong-A Pharmaceutical Co.
Dong-A Pharmaceutical was transformed into Dong-A Socio Holdings ...
